Indonesia sets ambitious seafood export value goal for 2023

Indonesian fishermen carrying a boat onto shore.

Indonesia has named an ambitious goal for its marine exports in 2023, targting a 20 percent increase in value. 

Indonesia has set a target of USD 7.6 billion (EUR 7.1 billion) for its exports of fishery and marine products in 2023, according to the Jakarta Globe. The country’s fisheries and marine exports between January and November 2022 reached USD 5.71 billion (EUR 5.36 billion), and are expected to reach an annual total of USD 6.2 billion (EUR 5.8 billion), meaning its 2023 target would represent an increase in value of USD 1.4 billion (EUR 1.3 billion), or 22.5 percent.

Through the first 11 months of 2022, Indonesia's seafood sales to the U.S. had reached USD 2.15 billion (EUR 2 billion), followed by China with USD 1.02 billion (EUR 957.2 million) in sales, Japan with USD 678 million (EUR 636.2 million) in sales, the ASEAN bloc with USD 651 million (EUR 611 million) in purchases, and the European Union with USD 357.12 million (EUR 335.1 million) in sales.

Indonesia’s fishery and marine product year-to-date output through September 2022 was 18.45 million metric tons (MT), including 5.97 million MT of wild-caught seafood, 5.57 million MT of farmed seafood, and 6.9 million MT of seaweed.

Trenggono said the value of the global shrimp market is about USD 30 billion (EUR 28.1 billion). The country plans to stick with its plan to produce 2 million MT of shrimp by 2024 by developing modern shrimp-farming ponds on an area of 1,000 hectares, he said.

“We are working towards that by preparing the land and all that. Hopefully, we can finish these 1,000-hectare modern shrimp-farming ponds by 2024,” Indonesia Fisheries Minister Sakti Wahyu Trenggono said.

Tuna, cuttlefish, blue swimming crab, and octopus are the country’s key wild-caught species, while shrimp, crab, and seaweed are its major aquaculture products, Trenggono said.

In January 2022, Mongabay reported Indonesia aims to establish 136 aquaculture villages by the end of the year after finishing building six in 2021. Trenggono said a number of the villages dedicated to pangasius and seaweed production have been set up and the government now wants to establish aquaculture villages dedicated to shrimp farming.

Photo courtesy of Yusnizam Yusof/Shutterstock 

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